INSUBCONTINENT EXCLUSIVE:
The dollar continued its decline against the Brazilian real for a second consecutive session on Tuesday, closing at R$5.7678, a 0.31%
drop.This occurred despite the United States imposing a 25% tariff on aluminum and steel imports
dollar showed weakness as the DXY index, which measures the currency against six major global counterparts, fell 0.37% to 107.951 points by
program.Dollar Dips as A.I
Advances in China Shake Markets
(Photo Internet reproduction)However, they noted that low unemployment levels might delay further disinflation despite signs of economic
raising the Selic rate to a terminal level of 14.75% annually
The real also benefited from rising commodity prices, which offset concerns about U.S
trade tariffs.Nomad Research Manager Paula Zogbi highlighted that the tariff measures, set to take effect in March, leave room for potential
adjustments or delays in implementation
interest rates, currently at 4.25%-4.50%, citing strong economic fundamentals and significant progress toward policy goals over the past two
years.Powell clarified that while the Federal Reserve does not comment on trade policies like tariffs, it focuses on responding to their
Market participants are now awaiting U.S
Consumer Price Index (CPI) data due on Wednesday.Traders are assigning a 37% probability of year-end interest rates falling to the